Meyer Handelman Co. Has $17.38 Million Stake in Expedia Group, Inc. $EXPE

Meyer Handelman Co. boosted its position in shares of Expedia Group, Inc. (NASDAQ:EXPE) by 15.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 61,344 shares of the online travel company’s stock after purchasing an additional 8,292 shares during the period. Meyer Handelman Co. owned 0.05% of Expedia Group worth $17,379,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Range Financial Group LLC purchased a new position in shares of Expedia Group during the fourth quarter valued at $3,535,000. Allspring Global Investments Holdings LLC lifted its stake in Expedia Group by 4.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 52,384 shares of the online travel company’s stock worth $14,822,000 after acquiring an additional 2,202 shares in the last quarter. J. Safra Sarasin Holding AG acquired a new stake in Expedia Group during the 4th quarter worth about $293,000. Northwest Wealth Management LLC grew its stake in Expedia Group by 18.2% during the 4th quarter. Northwest Wealth Management LLC now owns 1,528 shares of the online travel company’s stock valued at $433,000 after acquiring an additional 235 shares in the last quarter. Finally, WESPAC Advisors LLC purchased a new position in Expedia Group during the 4th quarter valued at about $209,000. Hedge funds and other institutional investors own 90.76% of the company’s stock.

Expedia Group News Roundup

Here are the key news stories impacting Expedia Group this week:

• Positive Sentiment: Jefferies upgraded EXPE to “buy” and highlighted AI-related upside potential for the online travel business, giving investors a research-driven reason to re-rate the stock. Read More.
• Positive Sentiment: Price-target increases from analysts lifted sentiment — one recent report raised EXPE’s target to $290, indicating continued analyst confidence in revenue and earnings momentum. Read More.
• Positive Sentiment: Expedia established a new $2.5 billion unsecured revolving credit facility, improving liquidity and financial flexibility (helps with refinancing and potential buybacks or M&A options). Read More.
• Neutral Sentiment: Market-wide Nasdaq strength is contributing to EXPE’s move today — a tailwind that can lift travel stocks broadly but is not a company-specific catalyst. Read More.
• Neutral Sentiment: Analyst roundup and financial comparisons (including coverage that mentions Newegg and other peers) are in circulation; these items add context and trading volume but represent mixed-significance news rather than a single decisive catalyst. Read More.
• Neutral Sentiment: A broader financial analysis piece covering Expedia alongside peers offers useful valuation perspective but does not introduce new company-specific news that would obviously move the stock on its own. Read More.

Expedia Group Trading Up 1.9%

NASDAQ:EXPE opened at $230.89 on Wednesday. The company has a market capitalization of $28.29 billion, a P/E ratio of 23.44, a P/E/G ratio of 0.71 and a beta of 1.41. The stock’s 50 day moving average price is $233.95 and its 200 day moving average price is $244.92. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.73 and a current ratio of 0.73. Expedia Group, Inc. has a 52 week low of $130.01 and a 52 week high of $303.80.

Expedia Group (NASDAQ:EXPE) last posted its earnings results on Thursday, February 12th. The online travel company reported $3.78 EPS for the quarter, topping the consensus estimate of $3.32 by $0.46. Expedia Group had a net margin of 8.78% and a return on equity of 72.23%. The company had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.41 billion. During the same period in the previous year, the firm posted $2.39 earnings per share. The company’s revenue for the quarter was up 11.4% compared to the same quarter last year. On average, research analysts forecast that Expedia Group, Inc. will post 12.28 EPS for the current fiscal year.

Expedia Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a $0.48 dividend. This is a boost from Expedia Group’s previous quarterly dividend of $0.40. This represents a $1.92 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, March 5th. Expedia Group’s dividend payout ratio is currently 19.49%.

Insider Buying and Selling

In other Expedia Group news, insider Robert J. Dzielak sold 8,225 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $220.82, for a total transaction of $1,816,244.50. Following the transaction, the insider directly owned 102,480 shares in the company, valued at $22,629,633.60. This trade represents a 7.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 9.13% of the stock is owned by insiders.

Analyst Ratings Changes

EXPE has been the subject of a number of research analyst reports. Bank of America increased their price target on shares of Expedia Group from $303.00 to $306.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. HSBC boosted their price objective on shares of Expedia Group from $365.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Weiss Ratings downgraded shares of Expedia Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. DA Davidson decreased their target price on shares of Expedia Group from $294.00 to $260.00 and set a “neutral” rating for the company in a research note on Friday, February 13th. Finally, TD Cowen lowered their price target on shares of Expedia Group from $300.00 to $260.00 and set a “hold” rating on the stock in a report on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating and twenty-two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $282.77.

Expedia Group Company Profile

Expedia Group (NASDAQ: EXPE) is a global travel technology company that operates an online marketplace connecting consumers, travel suppliers and third‑party partners. The company’s platform enables search, comparison and booking of travel products and services, including hotels, airline tickets, vacation rentals, car rentals, cruises and packaged travel. Its portfolio comprises consumer-facing travel brands as well as corporate travel solutions and technology services that serve both leisure and business travelers.

Key offerings include consumer booking platforms and mobile apps that aggregate inventory from hotels, vacation rental managers, airlines and car rental companies, alongside ancillary travel services such as trip insurance and activities.